Estate Planning

Takeaways

The WISH Act proposes a federal long-term care insurance trust fund to provide monthly funds for long-term care expenses after a waiting period, aiming to support aging in place and reduce reliance on Medicaid.
Potential benefits include increased access to home-based…

Takeaways

Dementia is a growing global health concern, and while there is no cure, research suggests a potential link between shingles vaccines and a decreased risk of developing dementia.
Studies have shown that older adults who received the Zostavax shingles vaccine had…

Takeaways

Social Security is a vital source of income for millions of Americans, especially seniors, but the system faces insolvency by the mid-2030s, potentially leading to benefit cuts.

There is an ongoing debate about privatizing Social Security, with some advocating for individual…

Takeaways

The demand for long-term care services is rising due to an aging population and a shortage of health care professionals.
The costs of long-term care have been escalating, including in-home care, assisted living care, and nursing home care.

As most of us…

For the past year, Social Security beneficiaries have gotten a break from the sometimes-devastating policy of withholding 100 percent of benefits if the beneficiary was overpaid. Effective March 27, 2025, the Social Security Administration (SSA) will reinstate the 100 percent…

Takeaways

The Campos v. Kijakazi lawsuit addressed problems with overpayments and benefit reductions for Supplemental Security Income (SSI) recipients during the COVID-19 pandemic.
A settlement was reached. It provides automatic relief for about 250,000 SSI recipients and new guidance for nearly 2…

Takeaways

Many people misjudge how much they will need for retirement health care expenses.

Failing to properly account for these costs can severely affect retirement security, leading to financial strain and potential reliance on government assistance.

It can be easy to underestimate the…

Takeaways

Aging in place involves making modifications to ensure safety, comfort, and accessibility for older adults.

Home modifications, measures for preventing falls, and fire and carbon monoxide safety are crucial for creating a safer environment.

Maintaining social and mental well-being is also essential…

Takeaways

A new report finds that Americans overwhelmingly support preserving and strengthening Social Security benefits, even if it means paying more to address the program’s long-term financing gap.

At a time when the nation is deeply divided across political lines, Americans can…